Quote from: Dasengineer on September 19, 2018, 10:08:41 PM

Quote from: willraincheck on September 19, 2018, 09:48:40 PM

Quote from: iamgekko on September 13, 2018, 11:08:38 AM

Quote from: royalfestus on September 12, 2018, 07:17:02 PM

stellar platform is a welcomed idea as a storage wallet, its level of security is a relief to investors. I expect the progress of the private sale to be made open on the website page. Some investors are struggling to pass the KYC and the telegram is filled with investors complain. Have not read the whitepaper but I hope the project is planning on getting on a good exchange cause that has turned to big challenge among new ICOs

Hello there! Yes the team is working on all parallels and Exchanges are on their priority list as well Wink

Please give the Whitepaper a try, I am sure you will find it interesting

Hello royalfestus, thanks for your interest. Stellar has a built-in decentralized exchange (DEX) capability, so RAIN tokens will be listed on StellarPort and StellarX from day 1. We have investigated KYC issues with our third-party vendor and has improved the process. Hope it will be more smoother in future. We apologize for the inconvenience for our investors. We do encourage you to read our white paper to find out more details about how RainCheck and RAIN token works.

And our Ukraine team is building the iOS wallet functions now. Users will be able to Create a Stellar account, Import existing Stellar account, Send Stellar to another Stellar account, Receive Stellar by scan QR code, Check RAIN token balance and so on. Users can also convert loyalty points from different loyalty schemes to RAIN tokens. We will keep updating the progress. Stay tuned.  Thanks.

I never used stellar as cryptocurrency and now I'm learning about it, seems a very convenient way to do TGE. How can you describe the incentivizes for token holders to hold? Or you looking in token only for utilities purpose?

Hello Dasengineer, thanks for your interest in our project.

Stellar network and protocol has faster transaction speed compared with ETH. It also supports cross border payment very well. Thats why we choose Stellar for RAIN token because we need to process transactions quickly when users redeem loyalty points to RAIN tokens, purchase products through mobile app by paying RAIN tokens etc.   

RAIN token is designed as a utility token. Besides the 35% tokens allocated for ICO, we also allocate 25% tokens as Rewards Pool used to work with merchants together to promote RainCheck mobile app, O2O activities, brands, Diagou activities. Through these activities, we can increase the circulation of RAIN tokens in all commercial activities of the whole ecosystem.

Once consumers receive RAIN tokens from the Rewards Pool, we will definitely allow users to transfer a certain percentage of tokens to exchange to cash out. Meanwhile, we will also ensure there are enough tokens to meet the circulation needs of commercial activities in the ecosystem. We will balance the circulation needs of both commercial activities and the crypto exchange.

When more and more people are willing to use RAIN tokens in commercial activities in the ecosystem, more and more people will need RAIN tokens. Because of the fixed supply of the RAIN tokens, we will expect the value increase of the RAIN token. The value increase of RAIN will also help to attract more people to join the ecosystem to use RAIN tokens to buy products, redeem loyalty points, redeem brand offer and so on.

Hope it helps. Thanks.